News
Investors Boost Activity as NGX Trades Double Volume Despite Market Dip
Trading activity on the Nigerian Exchange (NGX) surged this week as investors exchanged 7.48 billion shares worth ₦145.43 billion in 159,487 deals — almost double the 3.70 billion shares valued at ₦129.89 billion recorded last week...
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BUA Foods Doubles Profit as UBA Sees Marginal Dip Amid Tight Market Conditions
Nigeria’s corporate earnings season produced a mixed picture as BUA Foods Plc posted an impressive near-doubling of profit before tax for the third quarter of 2025, while United Bank for Africa (UBA) Plc reported a modest decline in pre-tax profit despite higher interest income...
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Dangote Sugar Swings to Profit in Q3 2025, Narrows Nine-Month Loss
Dangote Sugar Refinery Plc has reported a dramatic turnaround in its performance for the third quarter ended 30 September 2025, posting a profit before tax of ₦13.38 billion at the Group level, compared with a loss of ₦64.16 billion in the same period last year...
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NGX Group Declares ₦1 Interim Dividend, Reaffirms Commitment to Shareholder Value
Nigerian Exchange Group Plc (NGX Group) has declared an interim dividend of ₦1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for the third quarter ended 30 September 2025...
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Insurance Stocks Lead NGX Rally as Sovrenins Tops Gainers’ Chart; McNichols, Lasaco Drag Market Lower
Insurance stocks led a modest rebound on the Nigerian Exchange (NGX) on Tuesday, as Sovereign Trust Insurance Plc (SOVRENINS) emerged the day’s top gainer, climbing 9.88% to close at ₦4.45 per share, up from ₦4.05...
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Dangote Cement’s Profit Soars 166% as Côte d’Ivoire Plant Pushes Capacity to 55Mta
Dangote Cement Plc has reported a record profit after tax of ₦743.3 billion for the nine months ended 30 September 2025 — a 166% rise compared to the same period last year — as Africa’s largest cement producer continues ...
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Airtel Africa’s Half-Year Profit Surges Over 375% as Data and Mobile Money Drive Growth
Airtel Africa Plc has posted a sharp rise in profits for the half-year ended 30 September 2025, buoyed by strong growth in its data and mobile money segments and gains from currency appreciation across its markets...
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Nigerian Stocks Soar 4.5% as Cement and Oil Giants Drive Market to ₦98.8 Trillion
Nigeria’s equities market closed the week on a strong note as renewed investor appetite for industrial and oil and gas stocks lifted the benchmark index. The Nigerian Exchange (NGX) All-Share Index rose by 4.48% to close at 155,645.05 points, while market capitalisation climbed to ₦98.79 trillion, up from ₦94.54 trillion the previous week...
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PZ Cussons, TIP Lead Bulls as Banking Stocks Drag NGX Sector Indices Lower
Trading on the Nigerian Exchange (NGX) closed on a mixed note on Thursday as investors rotated portfolios following a spate of corporate disclosures and profit-taking across key blue-chip counters...
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Guinness Nigeria Announces Company Secretary Transition, NCR Nigeria Discloses Major Shareholding Change
Guinness Nigeria Plc and NCR (Nigeria) Plc have both announced significant corporate governance changes, as disclosed in separate statements filed with the Nigerian Exchange Limited on Thursday....
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Nigerian Blue-chips Rebound as Profit Margins Widen
Three of Nigeria’s major listed firms — Nigerian Breweries Plc, Lafarge Africa Plc and Secure Electronic Technology Plc — have released their September-quarter results, showing sharply divergent performances...
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AXA Mansard Executive Director Steps Down from Board
AXA Mansard Insurance Plc has announced the resignation of Mrs. Rashidat Adebisi, the Executive Director for Technical and Client Services, effective from 31st December 2025.
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